Description
Excellent investment opportunity in the heart of East Ridge, just minutes from the booming development and continued growth throughout the greater Chattanooga area. This high-quality, low-maintenance brick duplex is well maintained and located in a quiet, established neighborhood that consistently attracts strong rental demand. The property features two spacious units with flexible layouts. One unit offers 3 generously sized bedrooms and 1.5 baths, while the second unit includes 2 bedrooms and 1.5 baths, providing a strong mix of rental options appealing to a wide tenant base. Both units feature functional floor plans with ample living space and excellent bedroom sizes. Unit A has been recently upgraded with a new refrigerator, new carpet throughout, and a new HVAC system, adding immediate value and reducing near-term capital expenses. Set on a private lot with large yards, the property offers a level of space and privacy rarely found in duplex living. Both units include covered rear patios for outdoor enjoyment, along with off-street parking for added convenience. Located in a high-growth area benefiting from Chattanooga's ongoing expansion and investment, this property offers strong fundamentals, low maintenance, and long-term upside. The property may also be purchased in combination with 3634 Helen Lane, presenting an excellent opportunity to scale a rental portfolio in one of the region's most dependable rental markets.
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
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3,510SQFT
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$98$/SQFT
School Information
Description
Excellent investment opportunity in the heart of East Ridge, just minutes from the booming development and continued growth throughout the greater Chattanooga area. This high-quality, low-maintenance brick duplex is well maintained and located in a quiet, established neighborhood that consistently attracts strong rental demand. The property features two spacious units with flexible layouts. One unit offers 3 generously sized bedrooms and 1.5 baths, while the second unit includes 2 bedrooms and 1.5 baths, providing a strong mix of rental options appealing to a wide tenant base. Both units feature functional floor plans with ample living space and excellent bedroom sizes. Unit A has been recently upgraded with a new refrigerator, new carpet throughout, and a new HVAC system, adding immediate value and reducing near-term capital expenses. Set on a private lot with large yards, the property offers a level of space and privacy rarely found in duplex living. Both units include covered rear patios for outdoor enjoyment, along with off-street parking for added convenience. Located in a high-growth area benefiting from Chattanooga's ongoing expansion and investment, this property offers strong fundamentals, low maintenance, and long-term upside. The property may also be purchased in combination with 3634 Helen Lane, presenting an excellent opportunity to scale a rental portfolio in one of the region's most dependable rental markets.
Related Properties
3634 Helen Lane Chattanooga, TN 37412
Property Description
Architectural Style [] Attached Garage YN No Construction Materials Brick Exterior Features Private EntrancePrivate Yard Fencing None Foundation Details Slab Lot Features Cul-De-Sac Other Structures [] Parking Features Off Street Patio And Porch Features [] Pool Features [] Roof Shingle Roof Shingle Yes Structure Type Duplex View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances RefrigeratorOvenFreezerElectric RangeElectric OvenElectric Cooktop Basement Crawl Space Basement YN Yes Building Area Total 3510 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring CarpetLuxury Vinyl Heating CentralElectric Heating YN Yes Interior Features [] Laundry Features Laundry Closet Levels [] Window Features []
Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan New Construction YN No Other Equipment [] Property Sub Type Duplex Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions Investor Tax Annual Amount 2661.47 Utilities Sewer Connected Utilities Sewer Connected Yes Water Source Public

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Listing courtesy of Keller Williams Realty: 423-664-1600.